PI Token Stagnates at $0.3440 Despite Major Ecosystem Developments
Pi Network's token continues to trade sideways at $0.3440, showing little reaction to recent catalysts including a $100 million ecosystem fund and the launch of Pi AI Studio. The Valour Pi ETP, created to expand investor accessibility, has accumulated just $1,967 in assets—a negligible amount compared to Pi's $2.7 billion market capitalization.
Market apathy persists despite protocol upgrades aligning with stellar 23 and ongoing token unlocks. The project's subdued price performance starkly contrasts with its ambitious infrastructure investments, leaving traders uncertain about when—or if—utility will translate into meaningful price momentum.